Tag Archives: Forex Rebate

The pound declined against its major counterparts in the European session on Thursday, as investors awaited U.K. Parliamentary vote on Prime Minister Theresa May’s latest Brexit motion and as Bank of England policy maker Gertjan Vlieghe remarked that monetary policy could be retained or even eased in the event of a no-deal scenario. Speaking at…

Germany’s wholesale price inflation slowed for the third straight month in January, to the lowest level in eleven months, figures from the Federal Statistical Office showed on Thursday. The wholesale price index climbed 1.1 percent year-on-year in January after a 2.5 percent rise in December. The pace was the slowest since February 2017, when prices…

Gold prices were flat to slightly lower on Thursday and the dollar index held firm near its best level since Dec. 17 as a two-day conference kicked off in Beijing to help resolve simmering trade tensions between the U.S. and China. Spot gold was little changed at $1,306.29 per ounce, while U.S. gold futures were…

France’s ILO unemployment rate fell in the fourth quarter of 2018 to its lowest level in nearly a decade, after remaining stable in the previous three months, preliminary data from the statistical office INSEE showed on Thursday. The ILO unemployment rate in metropolitan France and the overseas departments dropped 0.3 points quarter-on-quarter to 8.8 percent,…

The Netherlands’ exports eased further for the second straight month in December, figures from the Central Bureau of Statistics showed on Thursday. The volume of exports fell 2.2 percent year-on-year in December following a 0.8 percent decline in November. Imports rose 1.7 percent annually in December. Import and export growth is being depressed by a…

Ireland’s consumer price inflation remained steady in January, after rising slightly in November, data from the Central Statistics Office showed on Thursday. The consumer price index rose 0.7 percent year-on-year in January, the same as in December. In November, inflation was 0.6 percent. The biggest increase was in the price of housing, water, electricity, gas…

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly increased in the week ended February 9th. The report said initial jobless claims rose to 239,000, an increase of 4,000 from the previous week’s revised level of 235,000. Economists had expected jobless claims to drop to 225,000 from…

Germany’s economy stagnated in the fourth quarter of 2018, thus skirting a technical recession, as trade failed to support growth amid the global trade tensions and the uncertainty linked to Brexit. Gross domestic product was unchanged from the third quarter, when the economy shrunk 0.2 percent, preliminary data from the Federal Statistical Office showed on…

Reflecting steep drops in food and energy prices, the Labor Department released a report on Thursday showing producer prices in the U.S. unexpectedly edged lower in the month of January. The Labor Department said its producer price index for final demand slipped by 0.1 percent for the second straight month in January. Economists had expected…

Retail sales in the U.S. unexpectedly showed a significant decrease in the month of December, according to delayed data released by the Commerce Department on Thursday. The Commerce Department said retail sales tumbled by 1.2 percent in December after inching up by a revised 0.1 percent in November. Economists had expected retail sales to rise…

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